Uhuru orders Sh25 bn economic stimulus intervention - Capital Business
Connect with us

Hi, what are you looking for?

President Uhuru Kenyatta/PSCU/FILE

Government

Uhuru orders Sh25 bn economic stimulus intervention

NAIROBI, Kenya, October 20 – President Uhuru Kenyatta has ordered an Shs 25 billion economic stimulus plan which will be spread across the Health, Education, and Agricultural sectors with the Kazi Mtaani program receiving the highest chunk at Sh 10 billion.

In his speech during the Mashujaa Celebrations held in Kirinyaga county, Kenyatta said the funds will be channeled towards initiatives that will complement ongoing state interventions that are expected to sustain the momentum of the recovery of the economy.

As part of the stimulus plan, he directed the National Treasury to channel Sh 8 billion towards the Education sector to cater for the Competency-Based Curriculum (CBC)Infrastructure Expansion Programme.

“To ensure we adequately prepare the nation for the next phase of CBC which is the junior high school and to further facilitate the 100 percent transition of Primary to Secondary school. The Ministries of Education, Interior Coordination and Treasury should jointly create a framework for building of 10,000 classrooms needed to provide additional learning space,” Kenyatta ordered.

Another  Shs 3.2 Billion was set aside for immediate construction of additional 50 New Level 3 Hospitals, to be situated in non-covered areas and densely populated areas across the country.

“To enhance access to medical coverage across our nation, and as part of our Universal Health Coverage programme, I direct the Ministry of Health to establish an additional 50 New Level 3 Hospitals,” he added.

He directed the National Treasury to set aside Shs 1.5 billion in support of the communities affected by the ongoing drought in the Arid and Semi-Arid counties.

At the same time, he ordered the Agriculture and CS Ukur Yattani-led ministries to ” issue within seven days, a framework that will facilitate the reduction of the cost of animal and chicken feeds.”

“I direct the National Treasury to allocate Shs 1.5 Billion in support of the communities affected by the ongoing drought in the ASAL counties as part of our National Livestock Offtake Programme,” he added

Advertisement. Scroll to continue reading.

The tea and coffee sectors were allocated Sh 1 billion each while the sugar and livestock sectors were allocated Shs 1. 5 billion each.

The funds will be appropriated towards the completion of the ongoing targeted interventions in the Coffee Sub-Sector and support of fertilizer subsidy for our Tea Farmers.

“I direct the National Treasury to allocate an additional Shs 1.5 Billion in aid of the sugar sector, which will be appropriated towards factories maintenance and payment of farmer’s arrears,” he added.

Advertisement

More on Capital Business

Kenya

NAIROBI, Kenya Mar 20  – Kenyan riot police fired tear gas Monday to disperse demonstrators gathered in Nairobi for a day of action called...

Government

In a gazette notice dated January 12, Ndung’u revoked the appointment of Susan Mudhune, Mukesh Shah, Richard Opembe, Leonard Ithau and Charles Makori Omanga...

Government

NAIROBI, Kenya, Oct 25 — President William Ruto on Tuesday announced that his administration will not revive the Kazi Mtaani program. Speaking in Kibra...

Government

NAIROBI, Kenya, Sep 21 – Revelations that President Uhuru Kenyatta’s regime spent Sh54.68 billion as he prepared to leave office has raised concerns over...

Finance

NAIROBI, Kenya, June 1 – President Uhuru Kenyatta has urged the next administration from using debt even as emphasized its importance as a key...

China Communications Construction Company

NAIROBI, Kenya, May 11 -Nairobi Senatorial aspirant, Edwin Sifuna has urged the Kenya National Highway Authority of Kenya(KeNHA) to allow motorists to use the...

Government

NAIROBI, Kenya, Apr 4 — President Uhuru Kenyatta on Monday at State House, Nairobi signed into law five parliamentary bills among them the 2022...

Africa

NAIROBI, Kenya, Feb 28 – Kenyan President Uhuru Kenyatta on Monday committed to strengthening regional infrastructure in order to boost intra-Africa trade. Kenyatta, in...